5 ms·

Monero has the "laundry" part built in. I also don't think these criminals necessarily convert to fiat to aquire what they need/want.

• jandrese 8y ago
  When you're talking about millions of dollars of bitcoin or other altcoin stolen...well, it's hard to smoke that much crack.
  • duxup 8y ago
    But it is possible to by some crack and sell it for cash.
  • MrLeap 8y ago
    You can buy gold with crypto.
    • jandrese 8y ago
      Millions of dollars worth? Or is it some penny-ante exchange like most Bitcoin-to-fiat services? Or will it have a strong know-your-customer rules that make it problematic for these actual criminals?
      • LyndsySimon 8y ago
        I don't see why not. Transactions worth tens of thousands of dollars are relatively common as I understand it.